Wednesday, April 9, 2014

Apr 09 2014

Open break, one of riskier but very effective setups. One of three winning trades within first 20 minutes.


Bonus trade! 4th winning trade of the day, second 1:3er:


After 5 wins, TZA made 2 small stops 6 cents each, and final trade for 1:2 on IWM made up for those and then some. All in all, perfect day.

Session Time: Wed Apr 09 00:00:00 2014
[08:28] {cosmo} early to bed; early to rise; girls go out with other guys...
01[08:50] {@Threei}  unless those gilrs prefer the same cycle...
[08:53] {dptl} good morning
01[08:53] {@Threei}  dp :)
01[09:11] {@Threei}  wow if true:
01[09:11] {@Threei}  http://www.digitaljournal.com/news/politics/usa-navy-s-ability-to-make-fuel-from-seawater-a-game-changer/article/379930
[09:14] {dino} gm
01[09:14] {@Threei}  dino :)
[09:17] {RonS} howdy everyone
01[09:18] {@Threei}  ron :)
[09:18] {dino} toy story
01[09:21] {@Threei}  pearl from Russia:
01[09:21] {@Threei}  Democracy with elements of dictatorship is not unlike constipstion with elements of diarrhea
[09:22] {RonS} knew a guy, Steve Forrest, whose mother nicknamed him Woody, and he went by that name...Woody Forrest
01[09:23] {@Threei}  popular with girls I guess?
01[09:23] {@Threei}  or whoever he preferred
[09:23] {RonS} lol
[09:26] {RonS} he was a lead dog, if you know what i mean...
[09:26] {ese} morning
01[09:26] {@Threei}  ese :)
[09:26] {ese} lousy nights here....maybe 2hrs
[09:27] {ese} sleep
01[09:27] {@Threei}  gotta cut those orgies earlier...
[09:27] {dptl} lol
[09:28] {cosmo} try getting to bed earlier  :)
[09:28] {ese} ha ha .....ha ha
[09:29] {ese} went to bed at 9:30
[09:29] {dptl} faster you mean...lol
[09:29] {RonS} ...thought chocolate was toxic to canines:  BREAKING: Mars to buy P&G pet-food brands including Iams, Eukanuba for $2.9 billion
01[09:30] {@Threei} Long Setup:  C  .75 break
01[09:30] {@Threei}  If holds  .67
[09:30] {dino} damn gap higher open
01[09:32] {@Threei}  Invalidated
[09:33] {cosmo} Si (the metal) needs to hold 19.60  fwiw
01[09:34] {@Threei} Long Setup:  EBAY  .20 break
01[09:34] {@Threei}  If holds  .10
01[09:35] {@Threei}  1:1
01[09:37] {@Threei} Short Setup: WMT  78 break
01[09:37] {@Threei}  If holds  .10
[09:38] {ese} out ddd hold from yesterday .27 +.57
01[09:39] {@Threei}  wtg
[09:40] {dino} gj
01[09:40] {@Threei}  1:1
[09:41] {ese} tks.....won't be gettin back into that one again......the way it trades borders on stupid
[09:41] {nemo} perfect for u
01[09:41] {@Threei} Short Setup: JPM  .95 break
01[09:41] {@Threei}  If holds  .05
[09:42] {ese} lol
01[09:43] {@Threei}  1:2  WMT
01[09:44] {@Threei}  1:1  JPM
01[09:46] {@Threei}  closed WMT
01[09:47] {@Threei}  1:2  JPM
01[09:47] {@Threei}  1:3
01[09:47] {@Threei}  out
01[09:47] {@Threei}  crap, where is munky... I need someone's permit to go home
01[09:48] {@Threei}  not that he ever granted that
[09:48] {Les} dunno about permission
[09:48] {Les} but I am well within target for daily profit
[09:48] {Les} and the camera calls
[09:49] {dptl} short rig
[09:49] {Les} don't wanna be trading blow for blow with this goddam market again
[09:50] {Les} I'll wait and see if SPY returns to test 50 day today. A+
[09:51] {dino} nxst smr s .73 gappy
[09:51] {dptl} half out rig
[09:54] {dino} nxst stop .03-.30
[09:58] {dino} rinsed
01[10:03] {@Threei} Short Setup: GLD  .44 break
01[10:03] {@Threei}  If holds  .54
01[10:06] {@Threei}  Invalidated
01[10:08] {@Threei} Short Setup: WMT  .75 break
01[10:08] {@Threei}  If holds  .85
[10:09] {dptl} closed rig
01[10:17] {@Threei}  stop to .81
01[10:17] {@Threei}  touched 1 cent from 1:1
[10:18] {dptl} watching btu for short
01[10:18] {@Threei}  stop to .76
01[10:19] {@Threei}  no risk
01[10:19] {@Threei}  1:1
01[10:19] {@Threei}  finally
01[10:19] {@Threei}  4 for 4
[10:24] {dino} apa hl l .99
01[10:29] {@Threei}  1:2
[10:30] {dptl} btu invalidated for now
[10:33] {ese} L gtat .00
01[10:35] {@Threei}  1:3
01[10:35] {@Threei}  out
[10:35] {ese} excellent vad
06[10:36] * @Threei takes a bow
[10:36] {ese} and well you should
[10:36] {dino} gj
01[10:37] {@Threei}  ty
01[10:46] {@Threei}  http://www.businessinsider.com/heres-where-americans-think-ukraine-is-2014-4
01[10:49] {@Threei} Short Setup: FB  .10 break hl
01[10:49] {@Threei}  If holds  .20
01[10:49] {@Threei}  Invalidated
[10:51] {ese} gotta like those dots placed in America.......right on nemo
[10:51] {ese} nemo's and dino's houses
01[10:51] {@Threei}  some are in the ocean
01[10:52] {@Threei}  I guess spme small islands not visible on the map
[10:52] {dino} nxst hl s .96
[10:53] {ese} lol
01[10:53] {@Threei}  but hey... nothing surprizes me in this regard since that salesperson who thought Canada was overseas
[10:54] {ese} it's hard to see but when you place the magnifine glass on Vancouver island.....it's looks like theres one right on us....or vancouver
01[10:54] {@Threei}  lol
01[10:55] {@Threei}  ugh Buster... missed perfect morning
[10:55] {Buster} What did Imiss?
01[10:55] {@Threei}  4 wins, 2 of them 1:3ers
[10:56] {ese} that early morning drinkin will get ya every time B
[10:57] {Buster} Yikes. I'm getting an second internet for backup, so I won't miss days like this.
[10:57] {dino} cov nxst .66, +.20
[10:57] {RonS} stz selloff
[10:57] {ese} L gtat avg .94
01[10:58] {@Threei}  amaingkly, some of the dots are in USA
01[10:58] {@Threei}  amazingly
01[10:58] {@Threei}  did they really think Russia invaded continental USA, and noone noticed?
[10:58] {ese} ya...already mentioned that....right on nemo and dino's houses
01[10:58] {@Threei}  I guess some just don't understand the while concept of map
[10:59] {ese} lol
01[10:59] {@Threei}  australia is nice too
[10:59] {dino} stz sm l .26
[11:00] {RonS} caught stz for +1.23 too fast to post
01[11:00] {@Threei}  wtg
[11:00] {dptl} short hpq
[11:00] {ese} eyeouzaaaaa.....nice ron
[11:00] {dino} wtg ron
[11:00] {dptl} stop above .40
[11:01] {ese} and it's still goin ron
[11:02] {dino} going to flat
[11:02] {dino} great report
[11:03] {ese} on what dino stz
[11:03] {dino} y
01[11:03] {@Threei} Short Setup: JPM  .50 break
01[11:03] {@Threei}  If holds  .60
[11:04] {ese} Constellation Brands Inc Enters collaboration agreement with VATS Liquor to Build Robert Mondavi Brand in China - Source TradeTheNews.com
[11:04] {ese} excellent report
01[11:05] {@Threei}  (US) House of Reps Energy subcomittee approves legislation to allow for automatic approval of LNG export to WTO participants
01[11:06] {@Threei}  (US) G7 finance ministers said to be planning to meet on the sidelines of the G20 meeting on Thursday to discuss the world economy and Ukraine - and guess which one is screwed more
01[11:07] {@Threei}  STZ Recent weakness attributed to conf call comments about Q1 revenue weakness on distributors doing restocking; also sees difficult comparisions in 2H in beer segment
[11:07] {RonS} lol
[11:10] {dino} stz was stopped and re-loaded at .28
[11:14] {RonS} Canada shuts down access to online tax services due to Internet bug that makes data vulnerable to theft - @Reuters http://reut.rs/1k405gz
[11:14] {dptl} stopped hpq
[11:15] {dptl} i am not in tune today
01[11:15] {@Threei}  easy money time is over dp
[11:15] {dptl} yeah
[11:15] {RonS} become a drummer like ese...nothing to tune...
[11:16] {dptl} lol
[11:16] {nemo} not really true
[11:16] {RonS} then tell me how do you tune a symbol
[11:16] {nemo} believe it or not you have to tune drumheads
01[11:16] {@Threei}  I dunno nemo... if you ever saw ese doing that, you'd change your, umm, tune
[11:17] {dino} lol
01[11:17] {@Threei}  he just closes his eyes and start swinging those sticks wildly, sometimes hitting the drums, sometimes heads of other musicians
[11:17] {nemo} not sure I'm happy about Vad learning English
01[11:18] {@Threei}  he also hums something loudly so no screams of the colleagues penetrate his defenses
01[11:19] {@Threei}  song is over in 3 minutes but he keeps at that for 5
01[11:37] {@Threei} Long Setup:  DAL  34 break hl
01[11:38] {@Threei}  If holds  .90
01[11:46] {@Threei}  Medvedev: Total debt of Ukraine to Russia amounts to $16.6 billion
01[11:47] {@Threei}  Ukraine: so we gave you Crimea for about 30% of the price
[11:47] {dino} what, no deduction for crimea
01[11:51] {@Threei}  oh jeez... http://www.businessinsider.com/mustang-wanted-urban-climber-dangles-from-crazy-heights-2014-4
01[11:52] {@Threei}  stop to .94
01[11:55] {@Threei}  1:1
01[12:04] {@Threei}  that's 5 for 5
01[12:04] {@Threei}  someone, give me permnission to go home
[12:04] {dino} go
01[12:04] {@Threei}  thank you
01[12:20] {@Threei}  1:2
[12:21] {ese} am outta here cya tomorrow
[12:23] {dptl} will try gild .75 long...half lot
[12:25] {dptl} invalidated
[12:27] {dino} apa to .19
01[12:28] {@Threei}  Iran will never slow down its nuclear research program, the Islamic Republic's clerical supreme leader said on April 9 as negotiators from Tehran and six world powers struggled to narrow "significant gaps" blocking the way to a long-term deal.
01[12:28] {@Threei}  why would they
01[12:29] {@Threei}  no one forces them to in any way, and Ukraine case demonstrated how the state can be pushed over when it has no means to protect itself
[12:30] {dino} apa to .26
[12:30] {thomcbell} lvs 77.25 long break if holding 77.15
01[12:31] {@Threei}  out DAL
01[12:31] {@Threei}  1:3 is close enough
[12:32] {dino} out apa .28, +.29
01[12:33] {@Threei}  wtg
[12:34] {dino} ron, i owe you a corona, out stz .78, +1.50
[12:38] {thomcbell} lvs 1:1
[12:38] {dino} gj
01[12:38] {@Threei}  nice
01[12:38] {@Threei}  things work today
[12:39] {thomcbell} 1:2
[12:39] {thomcbell} kept waiting for someone to realize wynn was up 3% vs 1% lvs
[12:40] {RonS} corona wrong company, that's bud...
[12:41] {RonS} :)
[12:41] {dino} no stz bought corona off of inbev recently
[12:41] {dino} thats why sales way up
[12:41] {RonS} really...missed that
[12:42] {dino} yes
[12:42] {RonS} guess that's why bud pushing bud lime...
[12:43] {dino} in any case, mt scanner missed it, thx for the idea on it
[12:43] {dino} my
[12:53] {thomcbell} flat on lvs
[12:54] {thomcbell} feye 54.50 short break if holding 54.62
[12:57] {thomcbell} no go - but still watching it for another setup
01[13:16] {@Threei} Long Setup:  TZA  .35 break
01[13:16] {@Threei}  If holds  .30
[13:33] {dino} stz drop
[13:35] {thomcbell} tm chart - looks like investment short
[13:36] {nathan} hi gents
[13:36] {dino} hey nat
[13:37] {nathan} nice JPM
01[13:37] {@Threei}  hi nathan
01[13:37] {@Threei}  JPM?
[13:37] {nathan} 1:3 you post
01[13:38] {@Threei}  ph, you mean a trade from earlier
[13:38] {nathan} yep
01[13:38] {@Threei}  we had 5 so far, all wins
01[13:38] {@Threei}  3 of them 1:3
[13:38] {nathan} congrats!
[13:38] {dino} 2 pm fed minutes
[13:39] {dino} fyi, am leaving for golf trip tomorrow morning, back here tuesday
[13:39] {nathan} sounds kinda stressing
[13:40] {dptl} lol...yeah
[13:41] {dino} lol, not the way i play, there will be beer in the cart
01[13:41] {@Threei}  you need some anti-cotrisol measures dino
[13:41] {nathan} lol
01[13:41] {@Threei}  cortisol
[13:42] {dino} strange thing is, i will be going back there on the 17th for easter
[13:48] {thomcbell} duh feye
[13:51] {dptl} watching pg for short set up
[14:00] {dptl} invalidated of course
01[14:00] {@Threei}  *(US) MINUTES OF THE MAR 19TH FOMC MEETING:ALL MEMBERS WANTED TO REPLACE THRESHOLDS FOR FIRST RATE INCREASE
01[14:02] {@Threei}  great mystery...
01[14:02] {@Threei}  it was said to be more than a year away
01[14:03] {@Threei}  why would market spike on this line now
[14:04] {nemo} look at open book on the indexes just before the announcement...dries up completely
[14:04] {nemo} think we're just being pushed in technical directions...going for overhead gapfills
[14:05] {nemo} spy almost filling a gap at .40ish
01[14:06] {@Threei}  Committee agreed 6.5% unemployment target was 'outdated,' vote to remove was unanimous
01[14:06] {@Threei}  that's all news there is in it
[14:15] {dptl} watching pg again
[14:15] {dptl} need little consolidation here
[14:16] {thomcbell} looks like 81.32 short break
[14:16] {nemo} could short indexes here
[14:16] {dptl} if stays under .40 from now on
[14:20] {nemo} algo is cranking on the strong side
[14:22] {dptl} got small .40 break pg agresive
[14:27] {dino} stz smr l .50 break
01[14:28] {@Threei} Long Setup:  TZA  .05 break
01[14:28] {@Threei}  If holds  16
[14:28] {dino} cx stz
01[14:30] {@Threei}  ok SPY... time to drop
[14:31] {dptl} yes
[14:31] {nemo} algo still cranking on the strong side
01[14:33] {@Threei}  shaky equilibrium
01[14:33] {@Threei}  should resolve any second... or minute... or hour
01[14:33] {@Threei}  BBs tightten
[14:37] {dino} stz smr l .40
01[14:38] {@Threei}  nah
[14:38] {nathan} snif snif
01[14:39] {@Threei}  rinse
[14:46] {dptl} i"ll keep stop to.46 pg...its stuck
[14:47] {dino} out stz .20, +.80
[14:48] {dptl} nice one :)
[14:49] {dino} ty dp
[14:52] {nathan} nice dino
[14:53] {nathan} why do not fall SPY?
[14:56] {dino} ty nat
01[14:56] {@Threei}  frikin TZA
[14:58] {dptl} ok spy...all the way back to 186...come on :)
[15:06] {nemo} look at daily this is going north
[15:07] {dptl} ye...may be you right
[15:08] {nemo} technical bounce, not that it might not go south, just think probability is north
[15:08] {dino} hmmm got out of stz way early
[15:17] {thomcbell} agreed
[15:17] {thomcbell} nemo
[15:18] {thomcbell} goodnight all
[15:18] {dino} cya tbell
01[15:18] {@Threei}  take care thom
[15:18] {dino} stz feels like it wants to go to flat
01[15:24] {@Threei} Long Setup:  IWM  .05 break
01[15:24] {@Threei}  If holds  .95
01[15:24] {@Threei}  change to .95 break
01[15:24] {@Threei}  If holds  .85
[15:26] {dino} had a really good day and week, calling it a day/week. see you guys on tuesday. good luck to all
[15:26] {dino} nice spike
01[15:26] {@Threei}  have fun dino
[15:27] {dino} will do, ty
[15:27] {nathan} have fun dino
[15:27] {nathan} do not stress yourself
[15:27] {nathan} ;-)
01[15:27] {@Threei}  change to .90 break
01[15:28] {@Threei}  If holds  .80
[15:33] {nathan} Thanks Vad!
[15:33] {nathan} have  a good night
01[15:33] {@Threei}  take care nathan
01[15:34] {@Threei}  half out
01[15:34] {@Threei}  1:1
01[15:36] {@Threei}  let'smake 1:2, IWM
01[15:36] {@Threei}  and I will forgive TZA
01[15:36] {@Threei}  1:2
01[15:37] {@Threei}  good biy
01[15:37] {@Threei}  biy
[15:37] {dptl} :) nice
01[15:37] {@Threei}  boy
[15:39] {dptl} i was off today, for some reason....neutral day for me
01[15:43] {@Threei}  done for the day
01[15:43] {@Threei}  than k you all, have a great evening
01[15:43] {@Threei}  see you tomorrow
[15:43] {dptl} see ya tomorrow all :)